# Where's the loonie headed? David Rosenberg says he's in the '71-cent camp' - Financial Post

> David Rosenberg, chief economist at Gluskin Sheff, discusses the headwinds facing the Canadian dollar and says he expects it to fall toward 71 U.S. cents. The interview covers the currency outlook and offers no new data.

- Date: 2019-02-26 · published 2019-02-26T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/60843-where-s-the-loonie-headed-david-rosenberg-says-he-s-in-the-71-cent-camp
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A forecast fall in the loonie toward 71 U.S. cents would raise USD/CAD. It is an opinion view with limited direct impact on feed commodity prices.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/investing/wheres-the-loonie-headed-david-rosenberg-says-hes-in-the-71-cent-camp/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.